BJ's Restaurant & Brewhouse | 2365 Sand Creek Rd
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BJ's Restaurant & Brewhouse 2365 Sand Creek Rd
8,376 SF Retail Building Brentwood, CA 94513 $2,904,000 ($347/SF) 5% Cap Rate
Investment Highlights
- BJ’s Brewhouse is a Publicly Traded Company (NASDAQ: BJRI)
- Destination Retail Location - The Streets of Brentwood
- Strong Surrounding Development
- Absolute NNN Ground Lease
- Home to Top Performing National Co-Tenants
- Affluent Demographics and a Robust Housing Pipeline
Executive Summary
Colliers is pleased to exclusively offer for sale a single tenant net-leased BJ’s Restaurant & Brewhouse located within The Streets of Brentwood – a premier ±358,700 SF open-air retail and entertainment destination located in a high growth trade area in the San Francisco MSA. The property consists of an ±8,376 SF freestanding building positioned on a ±1.83 AC parcel.
The asset benefits from a 20-Year Absolute NNN Ground Lease with zero landlord responsibilities and 10% rent increases every five years, including options, along with frontage on Sand Creek Rd., just off State Route 4 with combined traffic counts in excess of ±86,558 VPD. The Streets of Brentwood is a top-ranked center that offers ample parking and attracts 4.4 million annual visits, with notable anchors and national co-tenants such as Sprouts, AMC Theatre, Barnes & Noble, DSW, Ulta, Bath & Body Works, Red Robin, Black Angus, and more!
Adjacent to the site, there are several notable developments under construction, including a 4-story hotel, Sutter Health Medical, and Dutch Bros Coffee. The Sand Creek Road extension will provide direct access to the center for the affluent and fast-growing city of Antioch – further growing the property’s customer base. With the surrounding trade area growth and adjacent development, this BJ’s Restaurant & Brewhouse provides investors with a stable investment opportunity for years to come.
The asset benefits from a 20-Year Absolute NNN Ground Lease with zero landlord responsibilities and 10% rent increases every five years, including options, along with frontage on Sand Creek Rd., just off State Route 4 with combined traffic counts in excess of ±86,558 VPD. The Streets of Brentwood is a top-ranked center that offers ample parking and attracts 4.4 million annual visits, with notable anchors and national co-tenants such as Sprouts, AMC Theatre, Barnes & Noble, DSW, Ulta, Bath & Body Works, Red Robin, Black Angus, and more!
Adjacent to the site, there are several notable developments under construction, including a 4-story hotel, Sutter Health Medical, and Dutch Bros Coffee. The Sand Creek Road extension will provide direct access to the center for the affluent and fast-growing city of Antioch – further growing the property’s customer base. With the surrounding trade area growth and adjacent development, this BJ’s Restaurant & Brewhouse provides investors with a stable investment opportunity for years to come.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
8,376 SF
Building Class
C
Year Built
2011
Price
$2,904,000
Price Per SF
$347
Cap Rate
5%
NOI
$145,200
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Land Acres
1.83 AC
Zoning
PD-6 - Commercial
Parking
50 Spaces (3.95 Spaces per 1,000 SF Leased)
Frontage
227 FT on Sand Creek Rd
Amenities
- Pylon Sign
Nearby Major Retailers
1 of 13
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BJ's Restaurant & Brewhouse | 2365 Sand Creek Rd
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